Written by Tracy L. Coenen, CPA, CFF Fraud Magazine – January/February 2006 Hurricane Katrina altered lives forever. Thousands of displaced survivors have lost their jobs as businesses struggle to survive. However, other opportunistic firms shamelessly have taken advantage of the […]
Testing of airport screeners, using images of guns and banned objects during the airport X-ray of bags, had some interesting results. When using a library of 250 images, the performance of the screeners (how often they detected the items) went […]
49 people have been indicted for participating in a scheme that defrauded the Red Cross out of hundreds of thousands of dollars earmarked for Katrina victims. 17 of the people worked at a Red Cross claim center in Bakersfield, CA. […]
Gary Linsey Slater of Harrogate, Tennesee was sentenced to nine years in prison for committing mail fraud and money laundering. Slater owned a company that leased employees to coal mining companies. He conspired to hide the number of employees employed […]
A tax audit creates fear and anger in individuals and business owners. It also creates a need. The need for documentation to prove income and expenses when the auditor is scrutinizing them. It is not uncommon for documents to be […]
An e-mail directing someone to a website called ebaychristmas.net was reported to eBay as potentially fraudulent. The website requested users to enter their eBay user names and passwords, as well as information about e-mail accounts. The investigations team for eBay […]
The former world Santa of the Year, Ron Horniblew of Great Britain, suspects a campaign to prevent him from winning the crown again is damaging “Santa morale”. Each year, up to 50 Santas compete for the world title in the […]
Richard Scrushy, former CEO of HealthSouth, is suing the company for $70 million related to his March 2003 firing. He was fired following the discovery of a $2.7 billion fraud at the company. Scrushy claims that since he was acquitted […]
If yesterday’s post about ID theft made you feel badly, this post will probably make you feel worse. The Privacy Rights Clearinghouse has assembled a listing of the security breaches since the February 15, 2005 Choicepoint breach. These breaches were […]
An analysis done by ID Analytics, a San Diego fraud detection company, shows that people whose personal data is compromised have a low risk of becoming victims of identity theft. This includes those whose credit cards are lost or stolen. […]
